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Decred

There is a trading opportunity to buy in DCRUSDTechnical analysis: . DECRED/USDollar is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 65. .The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (18.25000000 to 12.25000000). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (18.25000000) Ending of entry zone (12.25000000) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons : Take Profits: TP1= @ 25.00000000 TP2= @ 32.00000000 TP3= @ 40.00000000 TP4= @ 57.25000000 TP5= @ 71.20000000 TP6= @ 85.00000000 TP7= @ 104.85000000 TP8= @ 130.00000000 TP9= Free
POLONIEX:DCRUSDLong
by ForecastCity
4
There is a trading opportunity to buy in DCRUSDTechnical analysis: . DECRED/USDollar is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 65. .The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (18.25000000 to 12.25000000). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (18.25000000) Ending of entry zone (12.25000000) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons : Take Profits: TP1= @ 25.00000000 TP2= @ 32.00000000 TP3= @ 40.00000000 TP4= @ 57.25000000 TP5= @ 71.20000000 TP6= @ 85.00000000 TP7= @ 104.85000000 TP8= @ 130.00000000 TP9= Free
POLONIEX:DCRUSDLong
by ForecastCity
8
Decred (DCR): Bigger Move PossibleLooking at Decred (DCR), we have another fascinating chart in the alt space. DCRBTC could be in the early stages of a much more significant up move. We saw a presentation on Decred at the Austin Bitcoin conference. Decred has specific properties on its blockchain that make it appealing as a cryptocurrency. Decred is also a favorite of major hedge fund, Delphi Digital Looking at the chart, DCRBTC is pressing against horizontal resistance at 29. While we have to wait and see, we suspect Decred (DCR) has the power to through this level. If Decred (DCR) can get through this level, 44 would be next. Bottom Line: Barring a significant drop in the crypto markets as a whole, Decred (DCR) looks like a coin where you can buy dips.
DLong
by tokenmetrics
2
Decred Price Analysis DCR / USD: Bullish ReversalDecred has been on the rise since Chinese President Xi Jinping’s positive comments towards blockchain and cryptocurrencies, with the DCR / USD pair exploding by around 100% from its 2019 trading low. The powerful rally has changed the short-term, but not the medium-term outlook for Decred, after the cryptocurrency previously suffered four consecutive months of heavy downside losses. On a monthly basis the DCR / USD pair has added over thirty-five percent in value and has recently formed a large inverted head and shoulders pattern on the lower time frames. The bullish inverted head and shoulder pattern shows that if DCR / USD buyers can secure a sustained breakout above the $23.50 resistance level, the cryptocurrency could add a further fifty percent to its trading value. The daily time frame is showing that the DCR / USD pair is now consolidating in between its 50 and 200-day moving averages, which highly suggests that a medium-term directional breakout is on the horizon. The daily time frame shows that a descending triangle pattern has formed, with the top of the triangle currently located around the $30.50 resistance level. Interestingly, the DCR / USD pair’s 200-day moving average is currently located around the $24.50, which is slightly above the neckline of the bullish inverted head and shoulders pattern on the four-hour time frame. In theory, a rally of around twenty-five percent could occur if buyers force a breakout above the 200-day moving and test towards the top of the descending triangle pattern. According to the latest sentiment data from TheTIE.io, the short-term sentiment towards Decred is neutral, at 49.00 %, while the overall long-term sentiment towards the cryptocurrency is also bearish, at 33.00%. DCR / USD Daily Chart by TradingView Upside Potential The four-hour time frame shows that a large inverted head and shoulders pattern has formed, with the $23.50 level acting as the neckline of the bullish pattern. Key technical resistance for the DCR / USD pair above the bullish pattern is currently located at the $24.50 and the $30.50 levels. Downside Potential The four-hour time frame is showing that the DCR / USD pair’s 50-period moving average is currently providing the strongest form of short-term technical support, around the $19.50 level. The daily time frame shows that the DCR / USD pair’s 50-day moving average, located at the $16.50 level, is the strongest form of medium-term support if a deeper decline under the $19.50 level occurs. Summary Decred has had a stunning move higher over the last few weeks, placing the cryptocurrency in an attractive technical position. Continued gains above the $24.50 level could propel the DCR / USD towards the $30.00 level and possibly even higher.
DLong
by CryptoBriefingTA
Decred Overview & Chart Analysis (Starting To Move)Decred (DCR) Overview Decred (DCR) is an open-source, Bitcoin fork that places emphasis on development funding, on-chain governance, and consensus mechanisms. Launched in Feb 2016 by the Bitcoin developers behind btcsuite (an alternative full-node Bitcoin implementation written in Go (golang), Decred successfully orchestrated an on-chain user-activated consensus vote, which is emblematic of the project's emphasis on community-driven stakeholder governance. Other features of the project include a hybrid proof-of-work (PoW) proof-of-stake (PoS) consensus voting system, a public proposal platform, smart contracts, cross-chain atomic swaps, and cross-platform wallets. Now let's take a look at the daily timeframe chart for DCRBTC: Here we have a broken downtrend line (red dotted). We can see big volume and EMA50 rejecting the growth. That's the level to break for DCRBTC to move higher (so you see a green arrow above it). There is a bullish divergence with the MACD. The RSI hit ~18 recently, very low, and is now strong/bullish above 50. DCRBTC is trading above EMA10 (green line) which tells us that it has bullish potential. Additional details can be found on the chart. Namaste.
D
by AlanSantana
4
Decred Falling Wedge! DCR Finally Bottomed Out? OpportunityIf DCR bottomed out at 0.0015, and breaks out of the falling wedge as it approaches ~0.00175, then it's a great buying opportunity either for a long term position up to ~0.004 or a short term take profit at ~0.002 Moreover, with Decred's privacy features, Politeia GUI update, and potential Coinbase listing soon, this coin is primed for major reversal based on fundamental aspects as well. The proverbial sleeping dragon.
DLong
by Tivra
1
Decred [DCR] - Buy PullbackDCRUSDT has had a significant bullish change in character whereby demand was found in Hammer and Piercing Pattern formations on 31D and 1M charts, respectively. Price has expectedly met with supply at Phi EMA 144 and a pullback will ensue. Ideal re-entry will be between SMMA 6 & EMA 30 ($15.50-$16.50). Buy only on bullish candlestick reversal signals with volume to support higher prices. We're looking for Hammers, Bullish Engulfing Patterns, and Morning Stars. Volume is the key factor which will illustrate the drive to break out of EMA 144 and push into the next Phi EMA 305 target ($20.00). Heikin Ashi well illustrates the bullish change in character and the zone between SMMA 6 & EMA 30 represent the sweet spot for long entries. Beware that a failure of these EMAs to hold as support will invalidate this bullish analysis. Entry: 15.50-16.50 SL: $14.50 TP1: $20 TP2: $23 RR: 2.67/4.67
Long
by zerocashcool
Today`s ALT!!! DCRBTCBINANCE:DCRBTC Exchange : Binance Coin: DCRBTC Buy Zone: 0.00192~0.0019 Target Point: 0.00199/ 0.002065/ 0.0021/ 0.00215/ 0.0023 S/L: 0.00188 Risk: HIGH Term: Middle - Long It`s moving in Down Trending Channel There is Bullish Divergence at the bottom of Channel It can be touch top of channel !! ===================================================================== Today`s ALT is that information is raised regardless of the Coin market situation So sometimes there`s a high risk trading Investment is your responsibility. I'm just providing about coin`s information =====================================================================
DLong
by timbearr
2
DCR/BTC BREAKING out of the long-term downward channelFUNDAMENTALS: DCR released its PRIVACY recently: twitter.com Which is major news, it means that ZCash and Monero have a new competitor now. But unlike Monero/ZCash, DCR also has proper decentralized stakeholder-ran governance. They are using the stakeholder governance to elect a Market Maker now which could solve their liquidity problems. TECHNICALS What we've been waiting for a long time finally happened: the breakthrough the downward channel on Binance DCR/BTC chart. This signals a possible reversal of long term trend. Please see my other chart (related idea) to see where I think it could be headed Decred is a top 5 cryptocurrency so this is a major information asymmetry, to be holding it now. The market is massively underpricing it
DLong
by Tivra
1
DCRBTC hit the support of pennant | Upto 359% potential tradePriceline of Decred Decred (DCR) / Bitcoin cryptocurrency is moving withina pennant since June 2017. Within the pennant the price action formed head & shoulder pattern and pushed the price action to the support. Now after hitting the support of the pennant and bollinger bands the MACD is turning bullish and RSI entered in oversold zone. The sell volume is also decreased and volume profile is showing less interest of cryptocurrency trading below the support. I have defined the sell targets using Fibonacci sequence from last highest upto the support of the pennant rather than from the tail upto the support for secure targets but the price action can even go higher than the targets I have defined. Sell between: Sell between: 0.00725349 to 0.01208048 Regards, Atif Akbar (moon333)
Long
by moon333
2
Decred Price Analysis DCR / USD: Relying On MiraclesDecred / USD Short-term price analysis Decred has a bearish short-term outlook, with the cryptocurrency trading below critical resistance on the four-hour time frame. The four-hour time frame shows that a bearish head and shoulders pattern has been triggered, with the DCR / USD pair trading below key neckline resistance. Technical indicators are mixed across the four-hour time frame and are currently failing to generate a clear trading signal. Pattern Watch Traders should note that the DCR / USD pair could see substantial losses if the head and shoulders pattern on the four-hour time frame reaches its full downside potential. Relative Strength Index The Relative Strength indicator is attempting to correct higher on the four-hour time frame, although it remains technically bearish. MACD Indicator The MACD indicator is starting to turn bullish on the four-hour time frame, although the buy signal is still fairly weak. Decred / USD Medium-term price analysis Decred has a bearish medium-term outlook, with the cryptocurrency repeatedly unable to recover the heavy losses incurred during late 2018. The daily time frame shows that the 61.8 percent Fibonacci retracement of the October 23rd swing-high to the December 2018 trading low has continued to cap any meaningful recoveries in the DCR / USD pair. Technical indicators are resoundingly bearish on the daily time frame and continue to issue sell signals. DCR / USD Daily Chart by TradingView Pattern Watch With the absence of any bullish pattern the DCR / USD pair may continue to drift lower over the medium-term. Relative Strength Index The RSI indicator remains bearish on the daily time frame and continues to highlight growing bearish pressure over the medium-term. MACD Indicator The MACD indicator is bearish on the daily time frame and continues to issue a sell signal. Conclusion Decred is likely to come under increasing downside pressure over the short-term while price continues to trade below neckline resistance. With the absence of any bullish patterns on the daily time frame the cryptocurrency needs a positive fundamental catalyst to change the increasingly bearish medium-term picture.
D
by CryptoBriefingTA